Second, find a boat...

We sold Knockando in 1996.  The Dream was always there and we were both committed to it. But as the years went on it looked less and less financially practical especially as recessions large and small needled my confidence in our retirement financial prospects.  I started looking at houses in Nova Scotia instead.  We went there on vacation and loved the area.  I found one or two superb looking prospects on the MLS as well.  Time marched on.

In the summer of 2010, around Canada Day, we went down-town Ottawa for lunch.  The Rideau canal was alive with boaters and tourists.  One  boat was a 38 feet Bayliner that I always liked the lines of and had fancied as our Dream boat.  We chatted with the owners for almost an hour and afterwards I realised that the Dream was alive and was not going to be left behind so easily.  I started researching what was out there and concluded that, just as the recession in the US had hit the residential market, so too had it hit the boating market.  There were some apparently very nice boats out there that were financially accessible after all.  We also realised once more that we are only here for one life and this dream was important to us.

I searched many, many boats on line and had settled on the idea of a decent Taiwanese trawler.  I found a Kha Shing in Punta Gorda that looked ideal so I found more in that area and made some calls to Brokers.  With nine boats to see I headed down south in August 2010.  Jon was able to join me while we sweated our way through those boats in the summer heat.  We found a broker who I liked and actually saw 7 boats.  None were ideal for one reason or another.  The Kha Shing wasn't bad but had a lousy layout that I hadn't noticed from the pictures on Yachtworld.  Others simply required too much work to make them habitable or were just plain dumps.  They were all projects of one form or another but I found I liked the Sea Ray aft cabin type of boat.  

Having made the acquaintance of the broker who now knew what I was looking for I left it with him to look around for me.  But my research beat him to it.  I found others and had him look into them.  I also found a 1986 42 feet Sea Ray in Michigan that Jo and I went to see:

It was a pearl, absolutely lovingly maintained with no expense spared, but it was not likely I could get it for the price I wanted to pay.

In total I made four trips to south-west Florida, one to Michigan and one to Gananoque to find the most suitable boat.  I found a 1996 42 feet Sea Ray Aft Cabin being offered in Englewood, Florida for $129,000.  They all look great in the pictures on Yachtworld and this was no exception!  But this one was the newest I had seen for this price.  I didn't want to pay that price but I had found that the market was so depressed most boats could be had for much less than the asking price.  I asked my broker to go take a look for me.

The broker reported favourably so I bought two tickets to Tampa and Jo and I went to inspect her.  The boat turned out to be pretty good so I made a conditional offer that was accepted and hired a surveyor to go through it.  I flew back again for the survey during which we sea trialled the boat.  Naturally he found many items but none that prevented me from making a revised offer.  The final price was well below original asking which allowed me some insurance against hidden horrors.  She is much younger than I expected to be able to get but she had not been well looked after so there will be some sweat equity and dollars to be sunk into her before she is ready to cruise for retirement.  Since buying the boat I have moved it from the marina her previous owner resided in, hired Caterpillar mechanics to service and give the engines and generators the once over and hired a mechanic to service the heads.  I also went there last weekend and did some repairs and provisioning myself.

So, this is Dream Weaver, the name Jo gave the boat. We took legal ownership on October 22nd 2010. She is now registered in Canada but not imported of course.  She stands as you see her above waiting in Port Charlotte, Florida for the sun to melt Ontario's winter away.  In April 2011 she will be relaunched and we will begin the journey back to Canada.